By STEPHANIE MALENCH, Times-Tribune News
The city of Highland has approved its first increase in electric rates in five years.
The power cost adjustment for all kilowatt-hours increased by $0.0001 per kilowatt-hour for each $0.0001 per kilowatt-hour the utility’s average wholesale power cost including debt service exceeds the base rate of $0.0473 per kilowatt-hour based on the average of the three months preceding the billing period. Various other equipment rental rates were also increased.
This will allow the electric department’s annual revenue to increase by $130,000 or 1.5%, allowing for increased maintenance and improvements.
The city run communications system also raised rates for the first time since 2014. Some of the increases are as follows: basic video from $33.99 to $37.99, streamers dream from $49.95 to $53.99 and voice services 5% across the board. The expanded basic tier for video will no longer be available.
The actions were taken by the City Council on April 19.
In the ongoing plans to redevelop a section of Main Street, an ordinance was passed authoring TJO Holding to sublet the southwest corner of the city’s property at 911 and 913 Main St. to The Saint Louis Brewery LLC. The Saint Louis Brewery LLC would also have the Right of First Option to lease the property if the city still owns the property and TJO no longer leases the property.
Two resolutions were also passed approving the preliminary and final plats of 911 and 913 Main St. for the Plaza Park.
A series of motions were approved giving TIF reimbursements not to exceed $2,418 or 20 percent of eligible invoices, whichever is less, to Trouw Nutrition to complete an expansion of their facility at 80 Executive Drive. The city will also make improvements to Matter Drive and Executive Drive so that they may handle heavy equipment and tractor trailer traffic.
The city will apply for an Illinois Department of Transportation Economic Development grant for half of the $1,020,000 improvements and Rebuild Illinois funds for the matching funds.
A new program was approved by the city council allowing the city to provide up to 25 percent of the cost and not more than $10,000 to improve the exterior facade of eligible buildings in Business District A. The program is designed to incentivize commercial building owners to make exterior repairs and improvements to improve their buildings.